Jack Dorsey’s Bitcoin-focused venture TBD unveils plans to build a “Web 5” platform focused on decentralized identity and data storage for applications (Michael McSweeney/The Block)

Michael McSweeney / The Block:
Jack Dorsey’s Bitcoin-focused venture TBD unveils plans to build a “Web 5” platform focused on decentralized identity and data storage for applications  —  TBD, the Bitcoin-focused venture first announced last spring, unveiled an ambitious effort Friday to build a decentralized Web platform dubbed “Web 5.”